Monday February 9 2015  Drill: What are 3 things that use oil?  HW: Review Sheet due Feb 11  Obj: Evaluate the importance of oil to the Middle East.

Slides:

Advertisements

Similar presentations

Advertisements

INSURING PROJECT CARGO What is it about? Infrastructure Projects Worldwide Oversized Cargoes High Insured Values Complex Logistics Requirements Projects.

WHERE DO WE GET OUR ENERGY? 1OIL COAL 3 NATURAL GAS 4 NUCLEAR 5 WATER 6 WOOD.

Geology and Geography of Oil

Middle East OIL. What is OIL used for? Aspirin Aspirin Balloons Balloons Bandages Bandages Cameras Cameras Candles Candles Compact Discs Compact Discs.

OPEC Organization of Petroleum Exporting Countries- Information for Standard SS7E6c.

ENERGY. WORLD ENERGY USAGE PER PERSON ENERGY USE AND TYPES FOR LAST 400 YEARS.

OPEC Founded in Baghdad, Iraq in 1960 Current members: Iran, Iraq, Kuwait, Saudi Arabia, Venezuela, Qatar, Indonesia, Libya, UAE, Algeria, Nigeria OPEC.

Oil Reserves Gas Reserves Oil Production Oil Imports Oil Exports Oil Consumption Saudi Arabia21.58%4.08%11.85%-16.28%3.49% Iraq9.28%2.00%3.36%-5.23%0.67%

Major Oil Regions of Today. Major Oil and Gas Regions: Alaska North Slope.

Oil Consumption Oil, Gasoline, Consumption, Prices.

ENERGY. WORLD ENERGY USAGE PER PERSON ENERGY USE AND TYPES FOR LAST 400 YEARS.

Biggest Oil Reserves. Who's Got The Most Oil? Big movements in the price of oil can have significant effects in the general economy, and although the.

1 China’s Oil Outlook, Crude Imports and Energy Security By Robert Smith FACTS Global Energy Presented to IPAA 2006 Midyear Meeting June 14, 2006 Naples.

 OPEC – a cartel of countries that join together to make decisions regarding the supply of oil in the world market  GDP – the dollar market value of.

How OPEC Controls the Price of Oil A Lesson in SUPPLY, DEMAND, and PRICE.

Fossil Fuels What is a Fossil Fuel?.

How Much Oil is Left? By, Chase Carter By, Chase Carter.

AIM: How has the importance of petroleum played a role in the recent history of the Middle East? Do Now: Gas prices have nearly doubled since It.

Canada-California Energy Relationship. Dominion of Newfoundland 30-cent stamp issued in July 1931, depicting Grand Falls (Churchill Falls) Labrador.

Black Gold How has the discovery of oil affected the region of the Middle East and its people?

Rank Country Production 1 Saudi Arabia 10,665 2 Russia 9,677 3 United States 8,330 4 Iran 4,148 5 China 3,845 6 Mexico 3,707 7 Canada.

 Today oil supplies about 40% of the world’s energy and 96% of its transportation energy.  Since the shift to oil, the world has consumed over 875 billion.

Welcome!  Please read the board and review your notes for today’s quiz – Obj #6-12 and

The Organization of the Petroleum Exporting Countries.

How important is Venezuela in the Geopolitics of Energy

Regional importance of Latin America? Mexico, Canada, Saudi Arabia, Nigeria and Venezuela provide 75% of U.S. crude oil imports. Angola, Iraq, Ecuador.

ECONOMICS OF OIL March 3, 2015.

Oil in the Middle East.

Organization of the Petroleum Exporting Countries

Oil and OPEC. Another name for oil is petroleum Oil is a non-renewable resource = a natural resource that is not replaceable after it is removed.

7. With whom did Middle Eastern countries align during the cold War? 8. The Iran Iraq War took place between what years? 9. The invasion of what country.

THE MIDDLE EAST The Importance of Oil & OPEC. An Important Question What do you feel is the United States ’ interest in the Middle East? a. oil b. protection.

Petroleum Economics Istvan Csato Department of Geological Sciences University of South Carolina January 2002 Source: EIA.

Organization of the Petroleum Exporting Countries Chad Geurink February 14, 2007 Model UN.

OPEC Founded in 1960 by 5 major oil producers (Iran, Iraq, Kuwait, Saudi Arabia and Venezuela) as a cartel to safeguard its members interests individually.

OPEC. Think about … in all the world, which country do you think consumes the MOST oil?

OPEC Organization of Petroleum Exporting Countries Founded 1960 by 5 member nations 1.Iran, Iraq, Kuwait, Saudi Arabia, Venezuela 2.HQ = Vienna, Austria.

Black Gold How has the discovery of oil affected the region of the Middle East and its people?

Victorian Furtney Emily Field Haille Monteiro. Purpose  Coordinates and unifies the petroleum policies of its Member Countries and ensures the stabilization.

China’s Interest in Africa China as Savior, or China as Exploiter? David Pietz, Washington State University.

OPEC. Think about … in all the world, which country do you think consumes the MOST oil?

Hydrocarbon with ratio of Hydrogen to Carbon of two or greater… Found in three physical states 1.Coalsolid 2.Petroleumliquid 3.Syn-fuelssemi viscous 4.Natural.

Jordan Morocco Saudi Arabia Algeria Yemen Tunisia Oman Libya

 1. Saudi Arabia  2. Venezuela  3. Canada  4. Iran  5. Iraq  6. Kuwait  7. United Arab Emirates  8. Russia  9. Libya  10. Nigeria  Where is.

INVESTIGATING THE SOURCES OF ENERGY ONLINE Pamela J.W. Gore Georgia Perimeter College.

Fossil Fuels. Match Dominant Primary (Left) with Energy Uses (Right) oil-based fuels natural gas coal nuclear power transportation industrial processes.

What does the term Middle East mean? “Diversity & Nationalism”: Pg. 888.

US National Debt… Any Guesses?. $9,299,504,009, (As of  Changes constantly)

Oil!. Oil What is oil? How is it formed? When scientists learned how to use oil for energy many countries with oil, such as Saudi Arabia, suddenly had.

Oil in the Persian Gulf Tyler Brittain

By: Haley Montgomery. Description of petroleum A thick, flammable, yellow-to-black mixture of gaseous, liquid, and solid hydrocarbons that occurs naturally.

1 GLOBAL FINANCIAL IMBALANCES Towards a new Bretton Woods? Rachel Lomax Deputy Governor, Bank of England Chatham House Conference, 24 January 2006.

SS7E6 c: Students will explain the primary function of OPEC

How Oil and Water Affect The Middle East

A way of obtaining scarce resources

Oil Natural Gas and OPEC.

What nations produce the largest amount of oil?

Business Quizzes back.

Petroleum Economics Istvan Csato Department of Geological Sciences

Trading Blocs (Free-trade associations)

Oil In the Middle East Today oil supplies about 40% of the world’s energy and 96% of its transportation energy. Since the shift to oil, the world has consumed.

Warm-up: -What is GDP? -What is HDI?

The Organization of the Petroleum Exporting Countries

OPEC Organization of Petroleum Exporting Countries

How has the U. S. government historically attempted to help the U. S

The Importance of Oil & OPEC

Presentation transcript:

Monday February  Drill: What are 3 things that use oil?  HW: Review Sheet due Feb 11  Obj: Evaluate the importance of oil to the Middle East and the world.

ogy/energytechnology/fossilfuels/ zoom.weml

Summary of Reserve Data as of 2012 CountryReserves 10 9 bbl Reserves 10 9 m 3 Production 10 6 bbl/d Production 10 3 m 3 /d Reserve life years Venezuela United States ,11010 United Arab Emirates Saudi Arabia ,41081 Russia ,54021 Qatar Nigeria Libya Kuwait Kazakhstan Iraq Iran China Canada Brazil Angola Algeria Total of top seventeen reserves 1, ,01064

CharacteristicsQuestion Production Which country is the top oil producer in the world? Of the top 15 oil producing countries, how many are located in the ? Consumption Which country is the top oil consumer in the world? Of the top 15 oil consuming countries, how many are not in located in the ? Imports Which country is the top importer of oil? Of the top 15 oil importing countries, how many are not located in the ? Exports Which country is the top exporter of oil? Of the top 15 oil producing countries, how may are located in the Middle East?